H&R Block Inc. has agreed to pay more than $28 million to resolve regulatory claims that a former subsidiary sold investors subprime mortgage-backed securities without disclosing that its worsening financial condition threatened its ability to meet obligations to buy back certain investments.
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Option One claims cost KC-based H&R Block $28 million
Posted by mortgage 28 days ago (Editorial)Is bankruptcy an option with reverse mortgage?
Posted by mortgage 99 days ago (Editorial)
Dear Bankruptcy Adviser,If somebody has a reverse mortgage, could he file for bankruptcy and still keep the house -- of course meeting all the other obligations to the mortgagor?-- John Dear John,This ...
Equity Release Plans a Viable Option for Supplementing Pension Income, Report Bower Retirement Services
Posted by mortgage 100 days ago (Editorial)
LONDON, February 13, 2012 /PRNewswire/ --Drawdown equity release plans could be the answer to supplementing pension income for homeownersThe Government has announced plans to increase the earnings threshold ...
Reverse mortgage may be best option for elderly homeowner
Posted by mortgage 108 days ago (Editorial)
A reverse mortgage would enable an 82-year-old woman who needs cash to tap the substantial equity in her home. Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she's running out of money. She has lived a very minimal lifestyle for many years as her savings dwindled, and her income is now basically Social Security. She owes $25,000 on a
Mortgage Q&A: Plan to move makes ARM good option
Posted by mortgage 139 days ago (Editorial)
I have a client who refinanced his jumbo loan with me about 1
Picking the right mortgage option
Posted by mortgage 202 days ago (Editorial)
If you're currently home shopping or planning to refinance, it's important to decide on a specific mortgage program.
First Option Mortgage Grows As Home Mortgage Rates Fall to Historic Lows
Posted by mortgage 274 days ago (Editorial)
ATLANTA--(BUSINESS WIRE)--First Option Mortgage Grows As Home Mortgage Rates Fall to 50-Year Low. First Option is currently hiring and recently added branch offices in Portland and Minneapolis/St. Paul.
Refinancing Becomes Viable Option As Mortgage Rates Fall
Posted by mortgage 281 days ago (Editorial)
Though mortgage rates may be down for the foreseeable future, now is a great time to refinance.
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